Seeking Alpha (September 21)
2020/ 09/ 23 by jd in Global News
“More and more countries/regions have succumbed to Japanification” with “the process of rapid debt accumulation, followed by monetary easing, which shields the government from the normal consequences of overspending.” And now, “the United States is following lockstep down the economic trail blazed by Japan.”
Tags: Consequences, Debt accumulation, Government, Japan, Japanification, Lockstep, Monetary easing, Overspending, Succumbed, U.S.